Jiashili Group (HKSE:01285) Days Inventory : 40.41 (As of Dec. 2023)

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What is Jiashili Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jiashili Group's Average Total Inventories for the six months ended in Dec. 2023 was HK$152 Mil. Jiashili Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$688 Mil. Hence, Jiashili Group's Days Inventory for the six months ended in Dec. 2023 was 40.41.

The historical rank and industry rank for Jiashili Group's Days Inventory or its related term are showing as below:

HKSE:01285' s Days Inventory Range Over the Past 10 Years
Min: 22.38 Med: 29.22 Max: 44.68
Current: 40.68

During the past 11 years, Jiashili Group's highest Days Inventory was 44.68. The lowest was 22.38. And the median was 29.22.

HKSE:01285's Days Inventory is ranked better than
83.59% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.1 vs HKSE:01285: 40.68

Jiashili Group's Days Inventory increased from Dec. 2022 (29.03) to Dec. 2023 (40.41). It might indicate that Jiashili Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiashili Group's Inventory Turnover for the six months ended in Dec. 2023 was 4.52.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Jiashili Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.16.

Jiashili Group Days Inventory Historical Data

The historical data trend for Jiashili Group's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Jiashili Group Days Inventory Chart

Jiashili Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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28.42

30.02

31.93

32.16

44.68

Jiashili Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															25.11	32.46	29.03	36.72	40.41

Competitive Comparison of Jiashili Group's Days Inventory

For the Packaged Foods subindustry, Jiashili Group's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Jiashili Group's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jiashili Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jiashili Group's Days Inventory falls into.

Jiashili Group Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Jiashili Group's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (127.915	+	188.982)	/	2 )	/	1294.267	*	365
=	158.4485					/	1294.267	*	365
=	44.68

Jiashili Group's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (115.899	+	188.982)	/	2 )	/	688.456	*	365 / 2
=	152.4405					/	688.456	*	365 / 2
=	40.41

Jiashili Group (HKSE:01285) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Jiashili Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	688.456	/	152.4405
	=	4.52

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Jiashili Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	152.4405	/	973.66
	=	0.16

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Jiashili Group Days Inventory Related Terms

Thank you for viewing the detailed overview of Jiashili Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Jiashili Group (HKSE:01285) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jiashili Group Ltd (HKSE:01285) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

No. 18 Gangkou Road, Changsha, Guangdong, Kaiping, CHN

Website

https://www.gdjsl.com

Jiashili Group Ltd is an investment holding company, which engages in the manufacture and sale of candy and biscuits in the People's Republic of China. The company offers Breakfast, Crisp, Sandwich, Wafers, Coarse grain series products and others, along with Soda biscuits, Cookies, Short biscuits, and Mooncakes. It is also involved in the wholesale and retail of pre-packaged food products. The group generates majority revenue from the sales of Breakfast biscuit series products. All of the group's operations are located in the PRC. It sells products in the PRC and also exports it to other countries.

Jiashili Group (HKSE:01285) Headlines

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